NOV. 10, 2021 — A new report released today by the U.S. Census Bureau shows almost one-half of veterans (46.7%) received some sort of military service-related cash or noncash benefit in 2017. In that year, there were over 19.9 million veterans, which represented 6.2% of the overall population in the United States. The report, Benefits Received by Veterans and Their Survivors, discusses the benefits the Department of Veterans Affairs (VA) provides, in conjunction with other federal government programs, to those who leave military service.
This report uses data from the 2018 Survey of Income and Program Participation (SIPP), a nationally representative panel survey that collects information on the short-term dynamics of employment, income, household composition, and eligibility and participation in government assistance programs in calendar year 2017.
Highlights from the report:
SIPP is a leading source of information on topics related to economic well-being, family dynamics, education, wealth and assets, health insurance, child care and food security. Each SIPP panel follows individuals for several years, providing monthly data that measure changes in household and family composition and economic circumstances over time. Visit the SIPP Website for more information.
No news release associated with this product. Tip sheet only.